Rankings · Q2 2025 · Oil and Gas

The fundraisers who placed the most.

Broker-dealers ranked by the operating-company rounds they were paid to place in oil and gas, as filed with the SEC on Form D. Funds, real estate and insurance products are left out.

‹Q2 2025›an earlier quarter
12company rounds placed by a broker-dealer
67%of the 18 company Form Ds filed in this industry
$40Msold in those rounds
10%median fee, as a share of the money raised

5 more firms placed at least one company round in Q2 2025 in this industry. Ties share a rank; within a tie, firms are ordered by money sold.

Since Q1 2025

Who moved

21 of this quarter's top 25 placed no company round at all the quarter before.

15Q3 2312Q4 239Q1 2416Q2 2414Q3 248Q4 2414Q1 2512Q2 25

What it costs

Half of fundraisers take 3.5% to 7.5%

The sales commission filed on each Form D, as a share of the money sold, across 623 placements in the four quarters to Q2 2025. Half fall between 3.5% and 7.5%; the middle one is 6%. Finder's fees and warrants are not in the figure, so the real cost is often higher.

median 6%
0%1%2%3%4%5%6%7%8%10%+

Filed in Q2 2025

The quarter's placements, as they were filed

  • 27 JunDouglas Scott SecuritiesGlade Bayou Partnership, GpOil and GasUndisclosed
  • 27 JunTexas SecuritiesCrown Shelby #1 Joint VentureOil and GasUndisclosed
  • 12 JunThe Tidal GroupTidal Petroleum Inc.Oil and Gas$247k
  • 11 JunBOFA SecuritiesTamboran Resources CorpOil and Gas$39M
  • 6 JunAmeritas Investment CompanyMewbourne Energy Partners 25-A, L.P.Oil and Gas$1.0M
  • 30 MayLighthouse Capital GroupCoyote Plains Properties LLCOil and GasUndisclosed
  • 30 MaySkyway Capital MarketsRGP Income Fund II, LPOil and GasUndisclosed
  • 20 MayARETE Wealth ManagementTexakoma Resources, LLCOil and Gas$100k
  • 8 MayDesert Capital Management GroupPacifoco, Inc.Oil and Gas$110k
  • 8 MayLighthouse Capital GroupMDS 2025-Shale Development, LPOil and GasUndisclosed
  • 7 MayOpendeal BrokerDeXentra GmBHOil and GasUndisclosed
  • 5 MayThe Tidal GroupTidal Petroleum Inc.Oil and Gas$243k

Looking for someone to place your round?

Every fundraiser we have seen place a company round, with their deals, fees and the industries they work in.

How the table is made

Where do the numbers come from?

From the SEC's Form D data sets. A company raising privately files a Form D, and when a broker-dealer is paid to sell the round, the filing names it with its commission. We count each new filing once per firm named on it, and leave out amendments, funds and real estate. Insurance and investing filings are left out too: they are an insurer's policy accounts and investment vehicles, sold through dozens of firms at once, not companies raising a round.

Why is the latest quarter a quarter behind?

The SEC publishes the data sets quarterly, after the quarter closes. A quarter only appears here once its filings are in.

Can a firm change its place?

No. The table is computed from filings alone. A firm can claim its page and add to it, but cannot change what it placed.

What is the badge?

Firms in the overall top 10, or the top 3 of an industry, can show their standing on their own site with a badge from their page. It updates when the next quarter arrives.

What does it leave out?

Rounds where nobody was paid to sell, which is most venture rounds, and placements a firm makes without filing. A low rank is not a verdict on a firm; it is what the filings show.